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11:25 AM ET, June 4, 2007

Techmeme

 Top Items: 
New York Times:
Palm Is Said to Sell Stake to Equity Firm in Revamping  —  Palm Inc., the struggling hand-held device company that makes the Treo, reached a deal yesterday to sell a quarter of the company to Elevation Partners, a private equity firm, for about $325 million as part of a plan to reorganize the company …
RELATED:
Rafat Ali / mocoNews.net:
Palm to Sell 25 Percent Stake To Elevation, For $325 Million  —  Palm, facing increasing competition in the industry, is selling a 25 percent stake to Elevation Partners, the private-equity firm that has Bono as a partner and a bunch of former Apple Inc. executives, reports WSJ.
Discussion: Macworld, Gadgetell and Mobility Site
Thomas Ricker / Engadget:
Palm sells 25% stake to Bono and former Apple execs
BBC:
Launch date for iPhone revealed  —  Apple has confirmed that its much-anticipated iPhone product will launch on 29 June in the US.  —  The date was given in a series of TV adverts broadcast on Sunday, and was later confirmed by a spokesman for the California-based company.
RELATED:
Ryan Block / Engadget:
iPhone release date confirmed: yours on June 29th
Michael Arrington / TechCrunch:
Microsoft: Silicon Valley Team Building Stealth Search Engine  —  Microsoft has gathered a team of twenty or more "rock star" developers who've been tasked at building their next generation search engine, a source has told us.  The team, which supposedly came together recently …
Joseph Menn / Los Angeles Times:
Online tunes are more risky than Web porn  —  About 9% of adult sites produce spyware, adware or spam, compared with 19% of digital music sites found in a study by McAfee.  —  Whatever threat online pornography might pose to society's morals, online music might pose a bigger threat to society's computers.
Discussion: broadbandreports.com
RELATED:
Neil J. Rubenking / PC Magazine:
McAfee Reports Drop in Malicious Search Results
Discussion: Security Fix, p2pnet and ITWire
Guy Kawasaki / How to Change the World:
By the Numbers: How I built a Web 2.0, User-Generated Content, Citizen Journalism, Long-Tail, Social Media Site for $12,107.09  —  Because of Truemors, I've learned a lot about launching a company in these "Web 2.0" times.  Here's quick overview "by the numbers."  — 0. I wrote 0 business plans for it.
Discussion: PC4Media and Roam4free
Brooks Barnes / Wall Street Journal:
Hearst-Argyle, YouTube to Share Revenue From TV Video Clips  —  Hearst-Argyle Television Inc., one of the nation's largest operators of local TV stations, will distribute news, weather and entertainment video to Google Inc.'s YouTube in a revenue-sharing agreement.
RELATED:
Reuters:
YouTube signs licensing pact with Hearst-Argyle TV
Discussion: Mashable!
BBC:
Sony price cut for Blu-ray player  —  Sony has cut $100 (£50) off the price of its new next-generation DVD player as it tries to get ahead in the market.  —  The BDP-S300 now costs $499 - half what the firm's first Blu-ray player cost at its launch six months ago.
RELATED:
Peter Svensson / Associated Press:
Sony cuts price on new Blu-ray player
Discussion: Engadget and CrunchGear
Marc Andreessen / blog.pmarca.com:
Bubbles on the brain  —  It has become commonplace in Silicon Valley and in the blogosphere to take the position that we are in another bubble — a Web 2.0 bubble, or a dot com bubble redux.  —  I don't think this is true.  —  Let's examine the theory of a new bubble from a few different angles.
RELATED:
RELATED:
Martin LaMonica / CNET News.com:   Microsoft teams with Linux distributor Xandros
Drew / Dembot:
Rocketboom Sponsorship Launch  —  Tomorrow on Monday we will be launching a new sponsorship model on Rocketboom!  —  Just over a year ago, we ran out money for Rocketboom. … The plan had materialized months prior but I never wanted to take the risk.  I certainly was into the excitement, but what if no one bid?
Discussion: Daily Feed and Podcasting News
RELATED:
Liz Gannes / NewTeeVee:
YouTube Sponsors Rocketboom
Discussion: Mashable!
Caroline McCarthy / CNET News.com:
Yahoo opens Panama search advertising APIs  —  Yahoo announced on Monday that its Panama search advertising platform is now open to third parties.  —  Through its new Yahoo Search Marketing Commercial API Program, which is now live, both businesses and individual developers have access …
Robert Scoble / Scobleizer:
The better iPhone: Nokia N95?  —  Mauricio Idarraga at Puremobile.com sent me a Nokia N95.  He wrote in the letter that came with the phone: … I'm in love already.  No, not with Mauricio.  Heheh.  Of course PureMobile is now going to get all my cell phone business.  But rather, I'm in love with the Nokia N95.
Cleve Nettles / 9 to 5 Mac:
Some VERY Interesting iPhone Developments  —  More info from around the proverbial "industry water cooler" has come out today on the iPhone.  Some interesting tidbits are starting to put the puzzle pieces together on how the iPhone will operate with the Macintosh OS (and Windows).
Ryan Singel / Wired News:
Desperate Botnet Battlers Call for an Internet Driver's License  —  SAN FRANCISCO — Frontline internet-crime fighters from security companies, law enforcement agencies, banks and e-commerce sites huddled at a secretive conference last week to confer on new tactics in the war on cybercrime.
Discussion: Techdirt and Vitalsecurity.org
Matt Cutts / Gadgets, Google, and SEO:
Five things you didn't know about Google's search  —  (This is all my personal opinion.)  —  To be completely honest, I was a little worried about Saul Hansell, a journalist for the New York Times, sitting in on some of our confidential quality meetings at Google.
 
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 More Items: 
Motoko Rich / New York Times:
Waxing Philosophical, Booksellers Face the Digital
Discussion: TeleRead
David Hambling / Wired News:
Splash, Splash, You're Dead: The Military's Next-Gen Water Gun
Discussion: Ubergizmo
Computerworld:
Microsoft trounces pro-ODF forces in state battles over open document formats
Mike Pegg / Google Maps Mania:
Add Driving Directions and Traffic to your Google Maps Mashup!
Richard MacManus / Read/WriteWeb:
Amazon Comes to Twitter
Marc Andreessen / blog.pmarca.com:
Killer Mac OS X apps for 2007
Dean Pullen / Inquirer:
PSP gaming phone spotted
Discussion: Cathode Tan
 Earlier Items: 
New York Times:
Specialized Software Maker Is Said to Be in Buyout Talks
Telegraph:
Baidu bowls Google a fastball
Discussion: Network World and WebProNews
Xeni Jardin / Boing Boing:
Google Street View: would it be more/less evil if it were CIA or NSA?
Joe Wikert / Joe Wikert's Publishing 2020 Blog:
Book Design Blog
Discussion: TeleRead
Bill Ray / The Register:
Orange simplifies data by capping at 30MB
Joshua Karp / The Boy Genius Report:
Thieves nab $6 million worth of Vertu phones
Discussion: Newlaunches.com and Engadget
Raju Vegesna / Zoho Blogs:
Zooomr Mark III Launches
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

 
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